Lumax Auto Technologies Limited — PPTs, 30-05-2025: Investor Presentation

1. Financial Highlights:

Lumax Auto Technologies crossed ₹1,000 Cr revenue in a quarter for the first time, closing Q4FY25 at ₹1,133 Cr and the full year at a record ₹3,637 Cr, up 29% YoY. EBITDA for the year was ₹516 Cr at a 14.2% margin, while PBT reached ₹309 Cr with 8.5% margin. Free cash flow stood strong at ₹322 Cr, with net debt of ₹136 Cr. Standalone OEM sales grew 7% in Q4 and 13% annually, and aftermarket revenue rose 10%—its first double-digit growth year. Subsidiaries like IAC and Mechatronics contributed 28% like-to-like revenue growth. Capex was ₹177 Cr, including ₹30 Cr for land acquisition.

2. Strategic Initiatives & Growth Drivers:

Lumax is accelerating EV, clean mobility, and smart vehicle electronics focus with a new CTO and the launch of the ‘SHIFT’ software-defined vehicle vertical. Emphasis is on high-value vehicle electronics like Body Control Modules, expanding OEM wallet share, and boosting R&D around future mobility technologies. The mid-term plan targets 20%+ CAGR revenue and 20% EBITDA margin by FY31, driven by organic growth and acquisitions.

3. Business Developments:

Full ownership of IAC India aims to strengthen finances and synergies. Acquiring 60% of Greenfuel Energy boosts presence in alternate fuels (CNG, Hydrogen) with a tech-led, asset-light model. IAC opened BEV model plants at Chakan, reinforcing EV capabilities. New product launches and market expansion efforts continue to diversify revenue streams.

4. Market Position & Competitive Advantage:

Operating 30 plants and 9 global JVs across lighting, plastics, mechatronics, sensors, and alternate fuels, Lumax leverages scale, technological innovation, and partnerships. The company is evolving from a Tier-1 supplier to a Tier-0.5 system integrator with a diversified product mix and software-defined vehicle solutions. Recognition from major OEMs reflects its leadership in supplier quality and innovation.

5. Investor Implications:

Strong double-digit revenue growth, margin improvement, disciplined capex, and solid free cash flow demonstrate healthy execution and financial strength. Strategic moves in alternate fuels and EV-related electronics position Lumax well for evolving automotive trends. Investors should view this as positive growth potential, while monitoring execution risks around acquisitions and new product ramps.